Worried about Financial Planning? Backed by certified financial planners, DM Financial services offers expert advice on the complete range of financial planning. Worried about Financial Planning? Backed by certified financial planners, DM Financial services offer expert advice on the complete range of financial planning. Have you ever heard of the phrase “it takes money to make money?” Well, when it comes to a good, certified planner, that’s often the case. A Certified Financial Planner™ will cost you money, especially if they are a good one.
But the idea is that they’ll ultimately make you a lot more than they charge. By that measure, it’s a good investment. It will help you build wealth. A good financial planner does a whole lot more than manage your money. They teach you about investment strategies, explains short and long term goals, helps you to develop a healthy emotional and rational relationship with wealth, and tells you when to spend some of your hard earned. We recognise the importance of getting financial advice from a certified Financial Planner who provides advice that is completely dedicated to your best interests.
You can make your money work harder for you than you can work to make money. The idea is to make your money make money, then make that total combined money make even more money. The more money you can make, the more money the money will make. Sound confusing? Actually, it’s really quite simple. Contact us and we will be more than happy to show you.
Good cash-flow management is the very foundation of any healthy financial household. It is absolutely imperative to have a good understanding of your cash-flow. What money is coming in and what is going out. Too many people are either living from pay check to pay check or are spending more than they are earning. Contact us and we can show you how to take control.
Have you ever heard the saying that “it’s not the destination that’s important, but the journey itself”? Well, we believe that it’s just as important to enjoy the journey as it is to enjoy the destination. It is so important to enjoy life, otherwise, what’s the point?? Contact us and we can help you enjoy life’s great journey, all the while being on YOUR path to enjoy YOUR destination.
It is very important for people to make sure that not only is their current lifestyle protected, but their future lifestyle is protected as well. People generally don’t think twice about insuring their house, contents and vehicles. In fact, if someone purchases a new vehicle, they have generally arranged insurance for that vehicle well in advance of taking possession of it.
So why then do the majority of people fail to insure the most valuable asset they have – their ability to earn an income? Without an income one cannot afford to put petrol in their vehicle, let alone insure it. Without an income one cannot afford to make their mortgage repayments, let alone insure their property. It is vitally important that we put effective strategies in place to ensure that if the unexpected should happen, your assets and your family’s financial situation and financial future is secure.
Contact us and we can help you protect those that are important to you.
If you have a good credit history and can secure a loan with a reasonable interest rate, consolidating debt may be a good option for you. A good debt consolidation loan should lower your overall cost of repayments by combining your high interest rate loans (credit cards, car loans etc.) into one loan that has a lower repayment. You want to look for a loan that will improve your cash flow and streamline your payments without compromising your long-term financial outlook. However, It is then vitally important that you make extra repayments into this new loan to make sure you don’t end up paying tens of thousands of extra dollars in interest. For example:
- Scenario 1: $10,000 charged at 15% interest per annum over five years compounded monthly = $11,072 total amount paid in interest over 5 years.
- Scenario 2: $10,000 added to an existing home loan of $250,000 at 7.5% interest per annum, compounded monthly over 25 years = $64,829 total increase in interest paid over 25 years.
At D&M Financial Services, we can help you do your homework by examining how a particular loan would affect your personal or household budget now and long into the future.
D&M Financial Services is an independent business; we do not accept any commissions at all. We charge a flat fee for the service and advice we provide. Our advice is based purely on what you require. Because we do not accept any commissions, our advice is free from conflict. Advice that is free from conflict is advice you can trust. We make money for you not off you.
As the owner and principal financial adviser, Damien is fully qualified as a Certified Financial Planner™, a Self-Managed Super Fund Specialist Adviser™ and a qualified Mortgage and finance broker enabling him to provide the right advice to all his clients.
Have you ever heard of the phrase “it takes money to make money?” Well, when it comes to a good financial planner, that’s often the case. A Certified Financial Planner will cost you money, especially if they are a good one. But the idea is that they’ll ultimately make you a lot more money than they charge. By that measure, it’s a good investment. It will help you build wealth. A Certified Financial Planner does a whole lot more than manage your money. They teach you about investment strategies, explains short and long term goals, helps you to develop a healthy emotional and rational relationship with wealth, and tells you when to spend some of your hard earned.
Who doesn’t want to be debt free? Sometimes it can almost seem like an impossible dream to be debt free. However, with the correct financial strategies in place, you could be amazed at just how quickly you can not only become debt free, but build an investment at the same time.
Personal debt is at record levels in Australia and hundreds of thousands of people are trying hard to get out of debt. Many find themselves burdened with loans and credit cards they can’t afford. Others are afraid of losing their car, home or other possessions. Perhaps you are tired of living week-to-week or sick of seeing your money lost on fees and interest charges.
It’s also possible that you tried to get out of, or avoid debt in the past, but did not properly succeed. It’s even possible that your previous efforts have deepened your debt situation. It’s not uncommon for debt strategies to backfire when they don’t address the underlying cause of the problem. But don’t be discouraged. Despite what some companies may tell you, there are no quick fixes or one-size-fits-all solutions when it comes to reducing debt. The most important thing is that you’re ready to make a change.
There are no easy answers to geting out of debt. Getting out of debt demands commitment, discipline and the right knowledge. Sounds like hard work, doesn’t it? In fact, the hardest part is deciding that you’re ready for change. By reading this page, you’ve already taken the most important step towards debt reduction and financial fitness.
Keep this in mind: Getting out of debt is less painful than staying in it. The rewards of being debt-free far outweigh the sacrifices. Imagine no more sleepless nights, fighting about money or phone calls from debt collectors — no more scraping by and struggling to make ends meet.
The process of achieving financial fitness can also be rewarding in its own right. Consider the satisfaction of watching your debt reduce and your savings grow as you gradually achieve your financial goals. Your aim should not just be to get out of debt, but to take control of finances once and for all.
Australian’s seem to have a love affair with property. We have one of the highest rates of property ownership per capita in the world. Owning an investment property is a great way to invest, however, this should not be the only way you invest. Diversification (not putting all your eggs in the one basket) is extremely important. Contact us and we can help you acquire that investment property.
Ahh, that peace of mind feeling! This is what we aim to achieve for our clients, that feeling of comfort, relaxation, confidence, that feeling of enjoying your life with your loved ones knowing that financially you are in total control. Contact us and we can help you get that peace of mind feeling.